Income Tax

December 17, 2015 

Now is the time to start thinking about recent tax changes and how they affect your business. Even for the most organized among us, keeping the mountains of tax details straight is a tough and trying task, taking the focus off of the daily ...

December 17, 2015 

The Federal Tax Guide offers coverage of a wide range of timely topics most important to tax practitioners as they prepare 2015 returns and plan for the year ahead with new content on health care reform, including individual and employer mandates ...

December 15, 2015 

New proposed regulations that would permit nonprofit organizations to request Social Security numbers for donations of $250 or more could be stopped dead in their tracks. A new bill introduced in Congress by Senator Pat Roberts (Rep.-KA) would stop ...

December 15, 2015 

There is one tax saving approach we can always assist our clients with, and that is educating them about tax penalties. What follows is a list of the most punitive tax penalties along with simple tips on making sure your clients are never ...

Dave DuVal

December 13, 2015 

CI investigates potential criminal violations of the Internal Revenue Code and related financial crimes in a manner to foster confidence in the tax system and compliance with the law. The 50-page report summarizes a wide variety of IRS CI activity ...

December 11, 2015 

Starting this filing season, reporting is mandatory for any company with at least 50 full-time equivalent (FTE) employees.

December 11, 2015 

This summer, the IRS increased penalties for failure to file correct information returns and failure to provide correct payee statements for information returns filed after December 31, 2015, with maximum penalties on small businesses increasing from ...

December 11, 2015 

For selected clients, ADP will include the Verification Code in a designated box of the 2015 Forms W-2 issued to its clients’ employees. ADP will generate the alphanumeric code based on select data elements on each Form W-2, and an algorithm provided ...

December 9, 2015 

Are your federal income taxes overdue? You could lose your passport if you try to leave the country – even if you’re just taking a vacation or business trip abroad.

Ken Berry, JD

December 9, 2015 

The new bill was proposed after a prior regulatory program was successfully challenged in court by unlicensed tax return preparers (Loving, et. al. v. IRS, CA- D.C., No. 13-5061, 2/11/14). Subsequently, the IRS instituted a voluntary program.

December 3, 2015 

All types of commercial properties can be considered “like-kind,” including apartment buildings, vacant land, farmland, office buildings and warehouses among other properties.

December 3, 2015 

In differentiating your firm, you can speak in greater detail about the focused services you offer and the value of those solutions to clients. Furthermore, you no longer have to communicate to the masses, but rather can directly target to the ...